The Washington Times: on Tax Reform

Gary Johnson: Get rid of income tax and capital-gains tax

But those mom-and-pop stores? The tech startups? The nimble new corporations with new ideas and new visions for our economy? They pay as much as 35 cents on every dollar they earn. When the company pays its employees, the government taxes that money again. We need to stop taxing work, savings and investment. I advocate removing all income taxes, all capital-gains taxes, and replacing them with a consumption tax, kind of a national sales tax called the Fair-tax.

Gary Johnson: FairTax on all new goods & services, with prebates for poor

Some think the Fair-tax is regressive, but in fact it's progressive--taxing the wealthy more than the poor. Fair-tax issues a "prebate" for families to spend on food, clothing, transportation, medical care or whatever they want to spend it on--it's their money. Undocumented immigrants will pay their taxes if they want to buy anything. They need a Social Security card to receive a prebate, so the incentive is for immigrants to get themselves on the books as fast as possible.

The Fair-tax replaces employment taxes, payroll taxes, all income taxes, and all capital-gains taxes.

Jim Gilmore: In times of economic stress, don’t raise taxes

Warner said he has expressed support only for rolling back top-tier tax breaks by the Bush administration and is against tax increases on small businesses.

Mark Warner: Roll back top-tier tax breaks

Warner said he has expressed support only for rolling back top-tier tax breaks by the Bush administration and is against tax increases on small businesses.

George W. Bush: Gore’s targeted tax cuts apply to too few people

“Well,” Bush said, “not too many of you are targeted for that tax cut. Now how many of you own a rooftop photo-voltaic system?” Again, no hands.

“You’re beginning to get the drift of ‘targeted,’ ” Bush said. “It’s always the same in my opponent’s plans - it sounds good until you read the fine print.”